Tag: price
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Gas stations in Italy go on strike to protest accusations of price gouging
Gas station workers in Italy staged a general strike for two days, to protest accusations of price gouging by Italian Prime Minister Giorgia Meloni. Gas station operators announced a nationwide general strike for two days (January 25-26, 2023), according to Bloomberg. Trade unions and gas station owners in Italy are protesting against the new decisions…
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The global price of a barrel of oil has risen… and Brent crude is above $86
The price of a barrel of oil rose globally during trading today, Wednesday, January 25 (2023), amid hopes for increased demand. This comes amid optimism about the recovery of demand in China, the largest oil importer in the world, and expectations that the main producers will maintain the current production policy, which offset fears of…
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The global price of a barrel of oil is down 2%… and Brent crude is under $87 – (update)
The global price of a barrel of oil declined by more than 2% at the end of trading today, Tuesday, January 24 (2023), amid fears of a slowdown in the US economy. The oil markets had started the Asian trading on the rise, amid hopes for a recovery in demand for fuel from China, the…
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The global price of a barrel of oil has risen… and Brent crude is above $88 – (Update)
The price of a barrel of oil rose globally at the end of today’s trading, Monday, January 23, 2023; Brent crude rose above $88, with prospects for an economic recovery in China, the largest oil importer, this year. The oil markets had started trading on a decline amid limited trading due to the Lunar New…
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The global price of a barrel of oil is turning higher… and Brent crude is near $88 (update)
The global price of a barrel of oil turned upward, during today’s trading, Monday, January 23, 2023, with the prospect of an economic recovery in China, the largest oil importer this year. The oil markets had started trading on a decline amid limited trading due to the Lunar New Year holiday in East Asia, maintaining…
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Anas Al-Hajji: The oil price ceiling did not reduce Russia’s revenues
Energy platform editorial advisor, energy economics expert Dr. Anas Al-Hajji, said that everything issued by the US Treasury Department regarding the oil price ceiling is a kind of unfounded propaganda. Al-Hajji explained – in the program “Energy humanitiesHe presented an episode of it on Twitter entitled “The World Between Extremism and Rationality… Between Price Ceilings…
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The global price of a barrel of oil has risen… and Brent crude is above $86 – (Update)
The global price of a barrel of oil increased by more than 1% at the close of trading today, Thursday, January 19 (2023), amid fears of declining supplies. Oil markets compensated for the losses incurred earlier in the session, supported by expectations of an increase in Chinese demand, and more restrictions on Russian exports that…
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The global price of a barrel of oil rises and records weekly gains – (Update)
The price of a barrel of oil rose globally by more than 1.5%, at the end of trading today, Friday, January 20, 2023, to reap weekly gains for the second time in a row. This is largely driven by China’s bright economic prospects. This will boost fuel demand in the world’s second largest economy. The…
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The global price of a barrel of oil has risen… and Brent crude is near $87
The price of a barrel of oil rose globally, during today’s trading, Friday, January 20, 2023, and is heading to reap weekly gains for the second time in a row. This is largely driven by China’s bright economic prospects. This will boost fuel demand in the world’s second largest economy. The global price of a…
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Qatar Energy lowers the price of Al-Shaheen crude oil to the lowest level in 21 months
Qatar Energy Company intends to reduce the official selling prices for Al-Shaheen crude, loading next March, in conjunction with the volatile dealings in the oil markets. Qatar set the future price of Al-Shaheen crude in March at a premium of $1.37 a barrel above Dubai prices, the lowest level since June 2021. The new cut…